While it may be easier to find higher-paying jobs after graduating from college, there are plenty of ways to make money without a degree. Creating a side hustle can help you make extra money on your own time, which can make it easier to pay bills or save for your future goals. In some cases, one of these side hustles can become a full-time job or a thriving business that creates jobs for others in the community.
Become a Real Estate Agent
If you want to go into a profitable field, consider becoming a real estate agent. All you need is a real estate license to get started. Generally speaking, anyone who is able to pass the license exam can enter the field regardless of their level of education. Whether you represent the buyer or the seller, it’s possible to earn thousands of dollars from a single listing. Even if you only help to sell a few homes per month, it can be a lucrative career path.
Get at Gig as a Food Delivery Driver
To be a food delivery driver, you typically need little more than a driver’s license and a reliable automobile. You can choose to work for an established company or deliver food on a freelance basis. Since there are undoubtedly many delivery services you can join in your local area, it’s not difficult to find work—this field is steadily growing. One of the perks of bringing people food is that they are likely to tip their driver. This gives you an opportunity to earn significantly more than the base wage an employer pays for your services.
Work as a Freelance Writer
There is a huge demand for quality content that can be posted on blogs, social media accounts, and other online properties. Individuals and companies are also constantly on the lookout for authors to ghostwrite their books. If you don’t want to write, it may be possible to earn money editing what others have already created. In some cases, editors may be able to charge more than authors. This is because authors are usually willing to pay a premium to ensure that their content is free of spelling or grammar errors.
If you have a unique talent, there is a good chance that someone will pay for your knowledge or skills. This is true whether you have an advanced degree or no degree at all. While you may need to spend some time marketing your services, doing so can help put you on a path to financial independence.
Warren Buffet is reportedly worth over $81,935,540,999. Part of the reason for his wealth is he is a meticulous supergenius (when it comes to business) with over half a century worth of experience at choosing companies to invest in.
But just because Warren Buffett reads the charts every single day, and works with some of the smartest business leaders in the world doesn’t mean you need that to do all that to pick a good stock.
Sure, if you want to start the next Berkshire Hathaway, you will have a lot of years of work and study left ahead of you.
But if you are tired of losing money to inflation, and/or want to watch your money grow, investing in stocks is just one method to grow your money, and you don’t need to be Warren Buffett to do it. You can’t try to be like him if you don’t invest any money in the first place, but then again, don’t even bother trying to be like Warren Buffett.
At most, study his work, but no one is ever going to call you Warren Buffett (unless you are Warren Buffett)… The reason I keep mentioning Warren Buffett is to demonstrate an outlier of what people might perceive stock investing to be. It doesn’t need to be that “far out of current reach.”
You cannot expect to be an outlier before you ever risk your first dollar. You have to at least learn some of the tactics first…
Everyone has a chance to be successful at picking and investing in stocks.
If you read the famous Benjamin Graham book “The Intelligent Investor,” you might have gotten intimidated about investing by all the charts and math, and perhaps the fact that the rates and company data is very outdated.
But Peter Lynch shares many tips and secrets on how to find stocks that are sometimes literally right in front of you. For example, the next company that could be a great investment is:
The company that makes your mobile device
The IPO on your next mobile app
That random hotel you stayed in when you were driving across the country…
You don’t need to be a supergenius. There is a great investment story that Peter Lynch talks about that might even make you listen to your wife or girlfriend more…
Sure, if you want to be one of the worlds richest men, you will need to do more than just read a few books about investing.
“One Up on Wall Street” is a fantastic read that can help you get started looking for those investment opportunities that are all around you.
As with all investing, yes there is a chance to lose money, and yes there is a level of uncertainty and risk. But you can reduce the risk by learning from some of the best, and Peter Lynch is one of the best.
“One Up on Wall Street” is a remarkable book even if it is the first book you ever pick up about stocks. And fortunately for those of you who get bored easily, Peter Lynch has a great way of turning his successes and failures into stories that you can apply to your life to help you get started on investing.
Everyone needs to take the first step.
You don’t need to spend 10 hours a day reading company Annual Reports, and you don’t need to research every single company out there before making a decision.
And here is the other thing that gets repeated in work by Buffett and Lynch – the idea that there is something more important than simply “choosing a stock based on what you read on a report.” That is understanding their management team…
If you have ever wondered “how do some people pick winners” in the stock market, Peter Lynch shares many of his hows. But be warned, there is some math and a few charts to study.
And after all this has been said, you will still need to do your research even after reading “One Up on Wall Street,” but at least you will have a foundation of where to start or even continue your search for your winner.
Plus Peter Lynch makes it all crisp and clear to understand.
I had to re-read a few sections multiple times, and there were a few sections I did not fully grasp personally, but overall, I think this is a fantastic book that turns something intimidating to many people into something that is more accessible.
With that, I give “One Up on Wall Street” a 5/5. It isn’t often that you get an investor like Peter Lynch who shares the methods that helped make him and his clients HUGE TREMENDOUS BOUNTIFUL TONS of money, in a way that everyone can understand. And Peter Lynch also goes over some of the other skills you need such as emotional management and rationality.
Breakdown your $100 million into different percentages and categories, for example, “$30 million is in the stock market, you own $50 million in properties, you have four cars worth a total of $1 million, etc…”
Breakdown the costs of the objects in one of your houses (or all).
What industry have you mastered?
How much money to do you need to live, annually? (i.e. taxes, food expenses, etc…)
What does your closet look like, and how do those tie into your $100 million?
Do this exercise on your way to financial success and find that it will help you obtain whatever it is you are looking for.
Believe and understand that once you can see it, dream it, feel it, plan it, then you can achieve it.